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B&B posts 26.7m loss as arrears soar

Posted on August 29, 2008

The UK s biggest buy-to-let lender, Bradford & Bingley (B&B), has posted a loss of 26.7 million for the six months to the end of June.The result compares with a pre-tax profit of 180.4 million in the same period of 2007.Credit impairment charges for the six months rose to 74.6 million, up from 5.3 million in [...]...

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